SEE: Regeneration: 4A.12
- Created by: MaggieNaylor
- Created on: 19-03-22 10:51
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- 4A.12: Cornwall's regeneration
- Cornwall's regeneration has focussed into moving to a post-production countryside economy
- This involves embracing tourism and focussing on higher value products
- Watergate Bay- sports academy + restaurants
- Employs 50-60 people, including a focus on disadvantaged 16-24 year olds
- Profits from Jamie Oliver's restaurant then funds further development and training
- Really successful in diversifying Cornwall's economy and encouraging tourism
- Eden Project- major tourist atraction
- Open all year round, but 79% of visitors go in summer
- Flagship approach, economic benefits but social/environmental drawbacks e.g. pollution from traffic
- Has really helped develop Cornwall's tourism industry
- 1 million visitors a year
- Generated £1.1 billion for the Cornish economy
- Employs 650 people as well as 3,000 related jobs
- Encouraged wider investment in local towns, particularly St Austell's town centre
- Broadband project- giving Cornwall access to superfast broadband
- Has encouraged knowledge economy companies as well as those who can work from home to locate in Cornwall
- 2,000 jobs created
- Economic impact of £200 million a year
- 95% of Cornwall had access to broadband by 2016, first county to achieve this
- Cornwall's regeneration has focussed into moving to a post-production countryside economy
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